Hutchison Port Holdings Trust

Hutchison Port Holdings Trust (HPH Trust), headquartered in Singapore and operating within the Inland water transportation services industry, has reported its carbon emissions and set significant climate commitments.

Carbon Emissions Data:

In 2025, HPH Trust's reported total emissions were approximately 452.5 million kg CO2e. This figure breaks down into:

• Scope 1: Approximately 98.2 million kg CO2e.
• Scope 2 (Market-based): Approximately 104.4 million kg CO2e.
• Scope 3: Approximately 254.3 million kg CO2e, with the largest category being purchased goods and services at approximately 19.7 million kg CO2e and fuel and energy-related activities at about 31.2 million kg CO2e.

Previous years' data shows:

• 2024: Total emissions were approximately 438.6 million kg CO2e, comprising Scope 1 emissions of about 105.2 million kg CO2e, Scope 2 (market-based) of approximately 98.2 million kg CO2e, and Scope 3 of around 234.6 million kg CO2e.
• 2023: Total emissions amounted to approximately 423.2 million kg CO2e, with Scope 1 at about 95.6 million kg CO2e, Scope 2 (market-based) at approximately 97.1 million kg CO2e, and Scope 3 at roughly 228.5 million kg CO2e.
• 2022: Total emissions were approximately 756.1 million kg CO2e, including Scope 1 at about 283.9 million kg CO2e and Scope 2 (market-based) at approximately 174.3 million kg CO2e. Scope 3 emissions were around 472.7 million kg CO2e.
• 2021: Total Scope 1 and 2 emissions were approximately 274.6 million kg CO2e, with Scope 1 at about 125.3 million kg CO2e and Scope 2 at approximately 149.2 million kg CO2e. Scope 3 data was not disclosed for this year.
• 2020: Total emissions were approximately 287.3 million kg CO2e, with Scope 1 at about 108.3 million kg CO2e and Scope 2 at approximately 178.9 million kg CO2e. Scope 3 was not disclosed.
• 2019: Total emissions were approximately 270.5 million kg CO2e, with Scope 1 at about 108.6 million kg CO2e and Scope 2 at approximately 161.9 million kg CO2e. Scope 3 was not disclosed.
• 2018: Total Scope 1 and 2 emissions were approximately 284.8 million kg CO2e, comprising Scope 1 at about 115.4 million kg CO2e and Scope 2 at approximately 169.4 million kg CO2e. Scope 3 was not disclosed.
• 2017: Total emissions were approximately 286.5 million kg CO2e, with Scope 1 at about 122.5 million kg CO2e and Scope 2 at approximately 164.0 million kg CO2e. Scope 3 was not disclosed.

Climate Commitments and Targets:

HPH Trust has established several key climate commitments, aligning with the Science Based Targets initiative (SBTi). These commitments are cascaded from the corporate family level.

• Net-Zero Target: The company has committed to reaching net-zero greenhouse gas emissions across its value chain by 2050, using 2021 as the base year.
• Long-Term Absolute Reduction Targets (by 2050):
  • A reduction of 90% in absolute Scope 1 emissions.
  • A reduction of 90% in absolute Scope 2 emissions.
  • A reduction of 90% in absolute Scope 3 emissions.
• Near-Term Absolute Reduction Targets (by 2033):
  • A reduction of 54.6% in absolute Scope 1 and 2 emissions.
  • A reduction of 32.5% in absolute Scope 3 emissions.
• Emissions Intensity Reduction: HPH Trust has also pledged to reduce the emissions intensity of its overall operations by 5% by 2026, compared to the 2021 level.

These targets are noted as being consistent with reductions required to keep warming to 1.5°C.